iExec (RLC) Tausch

What Is iExec?

iExec goal is to build the first marketplace for Cloud resources. The company is developing an IT infrastructure for blockchain-based decentralized cloud computing.

The main purpose it to provide everyone an option to monetize dApps, services and data-sets. Developers can use iExec to overcome blockchain limitations and build on a new distributed infrastructure. Providers can rent their machines' computing power. Aside from the marketplace iExec has an SDK, a dApp store and a data wallet in the ecosystem. RLC token provides users with access to services, apps and data.

RLC (Run on Lots of Computers) tokens are accepted as a means of payment by all providers and developers thus making iExec usage simple to everyone. Pay-as-you-go model is used in transactions. RLC supply is limited to 87M, there won't be more tokens issued at any time. iExec has a vast network of partners with Intel, IBM Cloud and Ubisoft being the biggest names.